Stainless household articles market in Bulgaria

Earlier Report Observations

The market value for stainless household articles in Bulgaria demonstrated substantial growth from 2018 to 2024, increasing from $10.7 million to $16.3 million. This upward trajectory was marked by a significant surge in 2021, when the market value jumped to $13.8 million, followed by a minor correction in 2022 before climbing to new peaks in the final two years.

This expansion occurred alongside a pronounced shift in market structure. Domestic production volume contracted from 560 tons in 2018 to 339 tons in 2020, while import value rose steadily from $10.3 million to $16.1 million over the full period. The growing reliance on imports became the primary driver of the market's increasing total value.

The trade balance also evolved, with export value showing volatility—reaching a high of $2.4 million in 2021 before receding. The overall market growth from 2020 onward reflects increased consumption expenditure, supported by rising import flows that compensated for lower domestic output in volume terms.

Production stainless household articles in Bulgaria

In value, 2017-2020, K $ US

Bulgaria's production of stainless household articles declined after two years of growth. In 2019, output reached its peak at 1 947 thousand US dollars, but by 2020 it had fallen to 1 655 thousand US dollars, marking a 15.0% decrease. Over the period from 2017 to 2020, production increased by 6.7%, which translates to an average annual growth rate of 2.2%. The most significant increase occurred in 2018, with a rise of 15.0%.

Annual dynamics of production in Bulgaria in value, 2017-2020, K $ US

In kind, 2017-2020, t

Bulgaria's production of stainless household articles has declined for the third year in a row. In 2020, output dropped to 338.9 tonnes, down by 33.2% compared to the previous year. From 2017 to 2020, production decreased by 42.7%, averaging an annual decline of 16.9%.

Annual dynamics of production in Bulgaria in kind, 2017-2020, t

Exports stainless household articles from Bulgaria

Exports in kind, t

Exports of stainless household articles from Bulgaria have increased for the third consecutive year. In 2020, export volumes reached 294 tonnes, showing a year-on-year rise of 24.5%. Between 2017 and 2020, exports grew by 56.2%, with an average annual increase of 16.0%.

Annual dynamics of product's exports from Bulgaria in kind, 2017-2020, t

From 2017 to 2020, the main destinations for Bulgaria's stainless household articles exports were Romania, Germany, and Iraq. Romania accounted for 38.9% of exports in volume, Germany for 29.4%, and Iraq for 5.5%. Together, these three countries made up 73.7% of total exports in kind.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Bulgaria in kind, 2017-2020

Exports in value, K $ US

In 2020, Bulgaria's exports of stainless household articles amounted to 1 417 thousand US dollars, up by 4.8% compared to the previous year. Over the period from 2017 to 2020, exports increased by 31.3%, averaging an annual growth rate of 9.5%. The largest increase was recorded in 2018 at 29.6%, while the largest decline occurred in 2019 with a drop of 3.3%.

Annual dynamics of product's exports from Bulgaria in value, 2017-2020, K $ US

Between 2017 and 2020, Romania, Germany, and Greece were the key markets for Bulgaria's stainless household articles exports in value terms. Romania represented 38.5% of exports, Germany 26.9%, and Greece 3.9%. Collectively, these three countries accounted for 69.3% of total export value.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Bulgaria in value, 2017-2020

Imports stainless household articles to Bulgaria

Imports in kind, t

In 2020, Bulgaria's imports of stainless household articles totaled 1 828 tonnes, a 6.7% increase from 2019. From 2017 to 2020, imports rose by 13.9%, with an average annual growth rate of 4.4%. The highest volume was recorded in 2018 at 1 962 tonnes. The largest increase occurred in 2018 with a jump of 22.2%, while the largest decline was in 2019, falling by 12.6%.

Annual dynamics of product's imports to Bulgaria in kind, 2017-2020, t

Over the period 2017–2020, China, Turkey, and Germany were the leading suppliers of stainless household articles to Bulgaria in volume terms. China accounted for 43.0% of imports, Turkey for 16.7%, and Germany for 9.4%. Together, these three countries represented 69.0% of total imports in kind.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Bulgaria in kind, 2017-2020

Imports in value, K $ US

In 2020, Bulgaria's imports of stainless household articles were valued at 10 180 thousand US dollars, reflecting a 4.4% year-on-year gain. Between 2017 and 2020, imports increased by 21.7%, averaging an annual growth rate of 6.8%. The peak value was in 2018 at 10 265 thousand US dollars. The largest increase was in 2018 with a rise of 22.7%, while the largest decline occurred in 2019, dropping by 5.0%.

Annual dynamics of product's imports to Bulgaria in value, 2017-2020, K $ US

From 2017 to 2020, China, Germany, and Turkey were the largest suppliers of stainless household articles to Bulgaria in value terms. China accounted for 26.7% of imports, Germany for 15.5%, and Turkey for 15.3%. Combined, these three countries made up 57.5% of total import value.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Bulgaria in value, 2017-2020